aspiring Lion_9572
:
It is nothing to do with Tesla, the main problem now is the macro economic condition. These upward movements show that the market is more confident about the inflation problem
TeslaSmurf
:
TSLA stock just broke out of a thirdiary downtrend channel, still within a secondary uptrend channel but within the MAIN DOWNTREND channel that started at the beginning of the year. The latter may be broken over the 340-360 OTHERWISE it will pull back, down to even 160-180. Hope it doesn’t happen but it depends from possible triggers, most likely external. It would be a 50% crash, and it is NOT LIKELY but… Shit happens, as it did this year. And the US government, Russia, China etc. can easily fuck it up with politics and wrong economics. On the contrary, if it breaks over the 340-360, there is no up- limit: maybe a moderate pullback at the 400. Just be ready for everything.
HInBYE
OP
TeslaSmurf
:
Honestly it’s now a 50/50 -recent chance of major upside or major downside. I have to say the external factors are not looking good, Europe energy crisis is slowly brewing with Warren buffet betting on the upside of oil, war is not gonna end anytime soon, and China economic not going great too. All are major headwinds for Tesla going ahead.
HInBYE
OP
TeslaBull999
:
Is Europe and China are going thru economic crisis, demands might not be off the roof like we think. Expensive electric cars are not a necessity in an economic recession or depression if that happens
aspiring Lion_9572
HInBYE
OP
:
Not really, there is nothing but to care cpi data. The outflow and price up means money are uncertain about the future, only the inside money trading.
aspiring Lion_9572 : It is nothing to do with Tesla, the main problem now is the macro economic condition. These upward movements show that the market is more confident about the inflation problem
TeslaBull999 : Tesla only has supply issue. Demand is through the roof
TeslaSmurf : TSLA stock just broke out of a thirdiary downtrend channel, still within a secondary uptrend channel but within the MAIN DOWNTREND channel that started at the beginning of the year. The latter may be broken over the 340-360 OTHERWISE it will pull back, down to even 160-180. Hope it doesn’t happen but it depends from possible triggers, most likely external. It would be a 50% crash, and it is NOT LIKELY but… Shit happens, as it did this year. And the US government, Russia, China etc. can easily fuck it up with politics and wrong economics. On the contrary, if it breaks over the 340-360, there is no up- limit: maybe a moderate pullback at the 400.
Just be ready for everything.
Silverbat TeslaSmurf : Ya! Be cautious
HInBYE OP TeslaSmurf : Honestly it’s now a 50/50 -recent chance of major upside or major downside. I have to say the external factors are not looking good, Europe energy crisis is slowly brewing with Warren buffet betting on the upside of oil, war is not gonna end anytime soon, and China economic not going great too. All are major headwinds for Tesla going ahead.
HInBYE OP TeslaBull999 : Is Europe and China are going thru economic crisis, demands might not be off the roof like we think. Expensive electric cars are not a necessity in an economic recession or depression if that happens
HInBYE OP aspiring Lion_9572 : The outflow is larger and Tesla stock rises 3% something to be cautious of
aspiring Lion_9572 HInBYE OP : Not really, there is nothing but to care cpi data. The outflow and price up means money are uncertain about the future, only the inside money trading.